Portfolio Update

SchroderJapan Growth Fund PLC
02 August 2006

FOR IMMEDIATE RELEASE
                                 02 August 2006



To : The London Stock Exchange


Schroder Japan Growth Fund plc



The Board of the Schroder Japan Growth Fund plc announces that the top ten
holdings as at 31st  July 2006 are:-



Toyota Motor                              4.93%

Mitsui                                    4.33%

Takeda Pharmaceutical                     4.33%

East Japan Railway                        4.08%

Sumitomo Mitsui Financial                 3.77%

Ricoh                                     3.51%

Omron                                     3.05%

Bridgestone                               3.02%

Nitto Denko                               2.57%

Nippon Tel & Tel                          2.44%




By Order of the Board


Schroder Investment Management Limited


Secretaries





Enquiries :                 Terry Croft   020 7658 3953

Schroder Japan  Growth Fund plc


                      This information is provided by RNS
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